Medical device contract research provider Genae (Antwerp, Belgium) recently acquired the digital health data management platform Hilbert Paradox. The financial details of the deal were not disclosed.
Hilbert Paradox (HPX) captures and correlates digital health data by using different computing power, AI and data analytics. The company’s goal is to increase health data equity to improve patient treatemnts and reduce healthcare costs.
“This transaction underlines our focus on digital health and on data-driven services to accelerate research,” Bart Segers, CEO at Genae, said in a press release. “The HPX technology, which will be incorporated in Genae’s staicy platform, already proved its ability to process very large datasets from connected and diagnostic devices, websites and applications in the field of genomics, biosensors and wearables.
Hilbert Paradox will be added into Genae’s digital health division and the company says there will be no disruption of services during the integration, a process that will take place over the next six months.